Filed June 23, 2021
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,196 | $50,464-0.5% | $75,781-33.8% | $52,331-4.1% |
| Participation rate | 29.4% | 66.8%-37.4pp | 75.8%-46.4pp | 68.1%-38.7pp |
| Annual return | 4.52% | 1.03%+3.5pp | 9.68%-5.2pp | 4.54%0pp |
| Employer contribution / active EE | $671 | $1,988-66.3% | $3,323-79.8% | $1,882-64.3% |
| Participant deferral / active EE | $1,714 | $2,570-33.3% | $3,651-53.1% | $3,022-43.3% |
| Admin fee / account holder | $0 | $1,103-100.0% | $5,299-100.0% | $592-100.0% |